UPDATE 1-Oil-rich North Dakota county OKs $500 mln shopping hub

April 7, 2015 6:05 PM

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WILLISTON, N.D., April 7 (Reuters) - One of North Dakota's largest oil-producing counties has approved a $500 million development with new stores, apartments and an indoor water park.

The project shows that even with a 50 percent drop in crude oil prices since last summer, developers see long-term potential in building amenities to serve the state's oil counties, which the U.S. Census Bureau has ranked as one of the country's fastest-growing regions for the past four years.

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